Ares Capital - ARCC Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ares Capital in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARCC shares.
View ARCC analyst ratings or view top-rated stocks.

7 equities research analysts have issued 12-month price objectives for Ares Capital's shares. Their ARCC share price forecasts range from $19.00 to $22.00. On average, they predict the company's share price to reach $20.64 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for ARCC or view top-rated stocks among Wall Street analysts.

Ares Capital's stock was trading at $21.19 on January 1st, 2022. Since then, ARCC shares have decreased by 11.9% and is now trading at $18.66.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our ARCC earnings forecast.

Ares Capital Co. (NASDAQ:ARCC) issued its quarterly earnings results on Tuesday, October, 25th. The investment management company reported $0.50 earnings per share for the quarter, meeting analysts' consensus estimates of $0.50. The investment management company earned $537 million during the quarter, compared to the consensus estimate of $514.41 million. Ares Capital had a trailing twelve-month return on equity of 10.33% and a net margin of 40.71%. During the same quarter last year, the firm earned $0.47 EPS.

Ares Capital announced a quarterly dividend on Wednesday, February 9th. Investors of record on Thursday, December 15th will be paid a dividend of $0.48 per share on Thursday, December 29th. This represents a $1.92 annualized dividend and a dividend yield of 10.29%. The ex-dividend date is Wednesday, December 14th. This is a boost from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for ARCC.

Ares Capital (NASDAQ:ARCC) pays an annual dividend of $1.72 per share and currently has a dividend yield of 8.96%. ARCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 101.78%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ARCC will have a dividend payout ratio of 76.44% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ARCC.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ares Capital investors own include AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), Annaly Capital Management (NLY), AGNC Investment (AGNC), New Residential Investment (NRZ), AbbVie (ABBV), Cisco Systems (CSCO), Main Street Capital (MAIN) and Verizon Communications (VZ).

Ares Capital trades on the NASDAQ under the ticker symbol "ARCC."

Ares Capital's stock is owned by many different retail and institutional investors. Top institutional investors include Deer Park Road Corp (0.00%), Van ECK Associates Corp (1.09%), Confluence Investment Management LLC (0.90%), Enstar Group LTD (0.79%), Two Sigma Advisers LP (0.65%) and Advisors Capital Management LLC (0.55%). Insiders that own company stock include Joshua M Bloomstein, Mary Beth Henson, Michael J Arougheti, Michael J Arougheti, Michael K Parks, Michael K Parks, Michael Lewis Smith, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Steven B Mckeever and Steven B Mckeever.
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Shares of ARCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARCC stock can currently be purchased for approximately $18.66.

Ares Capital (NASDAQ:ARCC) has a market capitalization of $9.48 billion and generates $1.82 billion in revenue each year. The investment management company earns $1.57 billion in net income (profit) each year or $1.69 on an earnings per share basis.

Ares Capital's mailing address is 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167. The official website for the company is www.arescapitalcorp.com. The investment management company can be reached via phone at (212) 750-7300, via email at irarcc@aresmgmt.com, or via fax at 212-750-1777.